Equipment lease transaction is treated as contract of............

Related MCQs

• When the lessee is allowed to exchange equipment leased out whenever the original asset has to be sent to the lessor for some repair or maintenance, such type of lease is called _____.
• The entire lease rental is treated as........ in the books of lessor
• A very long tenure lease applicable to immovable properties is ____________.
• ----------- is a tripartite lease arrangement
• In ............... lease, leasing company assumes risk of obsolescence.
• ---------- lease contracts are usually non cancellable.
• Financial lease introduced in India by...................
• ............ lease is for a limited period
• An average lease agreement involves.............
• ----------- is suitable lease arrangement for retail shop, mall etc